GMR Airports Ltd commences duty-free operations at Indira Gandhi International Airport
GMR Airports Ltd shares rose 1.66% to Rs 91.37 after commencing duty-free operations at IGI Airport, Delhi, following a license agreement signed in August 2024.
Shares of GMR Airports Ltd are surged over by 1.66% at Rs 91.37 as the infrastructure organization has announced that it had commenced the official operations of the duty-free business at IGI Airport, Delhi amid signing a Licence agreement in August 2024.
The exchange filing stated that GMR Airports Limited had emerged as the Selected Bidder to develop, operate, manage and maintain the Duty-Free Operations at the Indira Gandhi International Airport, New Delhi (Delhi Duty Free Concession) and accordingly had entered into a License Agreement on August 21, 2024 towards the said Duty Free Concession, to take up the operations effective July 28, 2025.
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Accordingly, this to inform that the Company has started the operations of the duty-free business at Indira Gandhi International Airport, New Delhi from 00:00 hours of July 28, 2025.
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GMR Airports Limited [formerly GMR Airports Infrastructure Limited] was incorporated on May 10, 1996. It is a public listed Company and the equity shares of the Company are listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE).
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